Today we will analyze the stock SPAG ST.PETERSBURG (PIB2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SPAG ST.PETERSBURG (PIB2.BE)
1- Last bearish trend was from 14.51 $ (9/19/2008) to 13.10 $ (10/13/2008) a 1.41 $ move 2- The current bullish trend started from 13.10 $ at 10/13/2008 and is currently trading at 13.79 $.
3- PIB2.BE current support level is at 13.64 which is the 38.20 % fibonacci retracement of the last 1.41 $ move.
4- PIB2.BE current resistance level is at 13.81 which is the 50.00 % fibonacci retracement of the last 1.41 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
SPAG ST.PETERSBURG (PIB2.BE) Short term stock chart patterns for internet stock trading :

None.
SPAG ST.PETERSBURG (PIB2.BE) Mid term stock chart patterns for internet stock trading :

None.
SPAG ST.PETERSBURG (PIB2.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 14.510 and 20.000, and is currently resisting at 14.089.

Stock Trading Conclusion:
SPAG ST.PETERSBURG (PIB2.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 13.81, 13.97, 14.09, 14.51, 14.89, 15.38.
Stock Support levels : 13.64, 13.63, 13.53, 13.45, 13.43, 13.36, 13.10,.